RBA leaves MPs stunned with spending admission they’ve never modelled
By news.com.au
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The Reserve Bank has left MPs stunned after admitting it has never modelled a scenario where government spending is reduced, fuelling fresh scrutiny over its economic assumptions.
Tags: australia news, australian economy, budget, business news, current affairs, economic debate, economic modelling, federal politics, finance news, fiscal policy, government spending, inflation, jim chalmers, monetary policy, mps, news update, parliament, political reaction, rba, reserve bank
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